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Cosmetics sector accounted for more than 40% of demand in 2014.
January 11, 2016
By: Christine Esposito
Editor-in-Chief
The global argan oil market is expected to reach $1.79 billion by 2022, according to a new report by Grand View Research, Inc. Expanding medical application base coupled with widening argan based cosmetic product lines is expected to drive global industry growth over the forecast period, according to the research firm. The cosmetics segment was the leading application segment and accounted for more than 40% of total demand in 2014 and is expected to show significant growth in the coming years....
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